Economy

A “complex” market dynamic has inhibited the competitive ambitions of lenders, who are confronted with increased scrutiny in a softening market, according to one economist.

National dwelling values have continued to fall, with the latest CoreLogic data reporting a 0.3 of a percentage point drop in national home prices, down by 2.2 per cent since peaking in ...

Three in five Australians are unaware of the implications of the federal government’s comprehensive credit reporting regime, which could affect their borrowing prospects, according to new ...

A deposit bond provider has announced its re-entry into the Australian market after having to close shop temporarily.

S&P has downgraded its credit rating for AMP’s banking arm, citing damning revelations of misconduct aired during royal commission hearings.

The Reserve Bank has “misread” economic conditions, with a drop in the cash rate “highly conceivable” amid out-of-cycle hikes from lenders that could continue “within a few days”, according ...

The ratings agency has reported a higher than average quarterly rise in residential mortgage arrears and expects the trend to continue amid higher interest ratings, falling home prices and ...

A non-major lender has announced that it will be removing most of its transaction fees to gain a competitive edge in the marketplace.

The Northern Territory stands clear as the most affordable state or territory for home loans, according to data from PRDnationwide, but the number of first home buyers is increasing across ...

Responsible borrowing and spending need to be facilitated through context-driven financial literacy, according to the co-founder of Australian Mortgage Marketplace.